Royalton Liquor Splash, Inc.
Royalton Liquor Splash, Inc., located in Lincoln Park, Michigan, operates in the beer, wine, and liquor retail industry (NAICS 445320). The company was financed with an SBA 7(a) loan for a change of ownership of $1,580,000, approved on December 5, 2025 by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Dec 5, 2025
$1,580,000 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,580,000
- SBA-guaranteed amount
- $1,185,000 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,015 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Wayne County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- Average acquisition loan in Michigan: $1,645,728.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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